Question
Melissa Faraj owns a lot and wants to build house according to a specific set of plans and specifications. She solicits bids from building contractors
Melissa Faraj owns a lot and wants to build house according to a specific set of plans and specifications. She solicits bids from building contractors and receives three bids: one from Carlton for $160,000, one from Feldberg for $158,000 and one from Siegel for $153,000. She accepts Siegels bid. One month after beginning construction of the house, Siegel contacts Faraj and tells her that because of inflation and a recent price hike for materials he will not finish the house unless Faraj, agrees to pay an extra $13,000. Faraj reluctantly agrees to pay the additional money.
A. What happens if Faraj refuses to pay the additional $13,000 when Siegel completes the work?
B. If Faraj agreed in New York to pay for the additional work in a signed writing in New York State, will she be required to pay the additional sum?
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